27 April, 2023
Lamar Jackson and the Baltimore Ravens have finally reached an agreement after two years of attempts, failures, tags, and even a trade request. The club said on Thursday that the two parties had reached an agreement in principle on a five-year extension.
According to CBS Sports NFL analyst Josina Anderson, Jackson’s contract is for $260 million over five years. Jackson now has the highest average yearly salary in the league at $52 million. Jackson now has the highest salary in the NFL, surpassing Eagles quarterback Jalen Hurts, who just signed a five-year, $255 million agreement. Jackson’s contract has $185M guaranteed money as per Anderson.
The information was released a month after Jackson asked for a trade after the two parties once more failed to reach an agreement on a new deal. The non-exclusive rights tag has already been applied by the Ravens to Jackson, a former league MVP and two-time Pro Bowl quarterback.
He said, she said exchanges have been frequent during the past three months. There has been a lot of head scratching and nail biting, Jackson stated in a video announcing the news. “However, there will be a lot more Flock activity during the next five years. Move along, baby. Let’s leave. Man, let’s go. I’m eager to go there and I’m eager to be there. Man, I can’t wait to light up M&T for the upcoming five years. Let’s obtain it.
Jackson has decided to remain with Baltimore, the team that used the 32nd and last pick to draft him in the 2018 NFL Draft. Jackson has developed over the past five years into one of the NFL’s top quarterbacks and most dynamic athletes. In 2019 he has the most touchdown passes in the NFL, becoming league MVP. In the same year, Jackson surpassed Mike Vick’s 13-year mark for the most running yards by a quarterback in a single season.
Jackson is the Ravens’ starting quarterback, and he has a regular-season record of 45-16. He has a 1-3 record in the playoffs, with his lone victory coming against the Titans in the wild-card round in 2020. After Jackson missed the last five games of the season due to injuries in 2021, the Ravens almost missed the playoffs. Jackson once more missed the last five games of the regular season due to injury last year, but Baltimore nonetheless qualified for the playoffs as a wild card club.
Jackson’s renewal has greatly increased Baltimore’s chances of winning the title in 2023. According to CBS Sports statistical scientist Stephen Oh, the Ravens’ predicted victory total for 2023 has climbed with Jackson from 7.2 to 10 games. The Ravens’ chances of making the playoffs have soared from 18.5% to 67%. The likelihood that the Ravens will win the AFC has increased from 0.3% to 8.4%.
Jackson is the most recent franchise quarterback to sign an extension this offseason, with Justin Herbert of the Chargers and Joe Burrow of the Bengals certain to follow suit at some point.